ATCO'S Community Energy Fund Supports 12 Alberta Organizations Navigating Their Energy Future

CALGARY, AB, Oct. 9, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)

Today, ATCO announced the recipients of the 2024 Community Energy Fund. Now in its second year, this program supports Alberta's schools, non-profits and municipalities in their energy transition journeys.

ATCO Community Energy Fund 2024 (CNW Group/ATCO Ltd.)

This year, 12 deserving projects have been selected to receive funding. The funded projects include feasibility audits, the installation of electric vehicle charging stations, solar panel installations and the development of an innovative hydrogen learning tool.

One of the recipients is the Lac Bellevue and District Recreation & Agricultural Society in St. Paul. Their ATCO grant means the society can install solar panels and LED lighting and host energy workshops for campground visitors.  

"Through ATCO's support we're able to transform the Lac Bellevue Ag Society Campground into a sustainable, energy-efficient community hub," said Darren Tymofichuk, Director of Community Engagement for the Lac Bellevue Recreation and Agricultural Society. "By harnessing renewable energy sources, we will reduce our environmental impact and energy costs that will help achieve a net-zero energy facility and leave a positive legacy for future generations."

This project aligns with ATCO's broader sustainability objectives and our commitment to empowering communities through renewable energy projects. 

"Whether you're an individual consumer, a community group, or a school, navigating today's complex energy world requires us to look at the reliability, affordability and sustainability of our energy decisions," said Wayne Stensby, Chief Operating Officer, ATCO Energy Systems.  "We're pleased to provide financial support to these communities and community groups implementing their great energy ideas and programs. There were many more qualified applications than we could support, and we encourage groups to apply or re-apply in 2025."

 The ATCO Community Energy Fund will support the following projects in 2024:

Organization	Community	Project
Demmitt Cultural Society	Demmitt	Solar battery storage
Municipal District of Big Lakes	High Prairie	LED light conversion for fire service facilities
Student Energy	Calgary	Solar photovoltaic system for a 3D-printed home on the Siksika Nation Reserve
Sustainable Red Deer Society	Red Deer	Feasibility study to determine how youths can work with Indigenous Elders to explore energy careers
The Buffalo Trail School Division – Dewberry School	Dewberry	Land-based learning program focused on sustainability and renewable energy
The King's University	Edmonton	Interactive digital learning tool for educators and students on the colours of hydrogen
The Lac Bellevue and District Recreation & Agricultural Society	St. Paul	Install ground-mounted solar panels, replace outdated lights with LEDs, and run workshops to teach campground visitors about solar energy and conservation
Town of Okotoks	Okotoks	Community education program focused on reducing energy consumption and GHG emissions
Town of Sexsmith	Sexsmith	LED conversion for their Public Works office
Town of Stony Plain	Stony Plain	Install two Level 2 electric vehicle (EV) chargers
Town of Swan Hills	Swan Hills	LED conversion for community facility
Village of Standard	Standard	Install a solar photovoltaic system to offset the Village's electricity consumption

To learn more about these projects, click here.

About ATCO's Community Energy Fund
Launched in June 2023, the Community Energy Fund awards grants of up to $15,000 each to municipalities, non-profits and schools across Alberta. To qualify, applicants must reside or operate within an ATCO Gas or ATCO Electric service area in Alberta. 

Applications for the Community Energy Fund will re-open Spring 2025.

Investor & Analyst Inquiries:
Colin Jackson
Senior Vice President, Finance Operations
[email protected]
403 808 2636

Media Inquiries:
Kurt Kadatz
Director, Corporate Communications
[email protected]
587 228 4571

SOURCE ATCO Ltd.